ONGC, NTPC Green JV set to buy Ayana Renewable for $750 million

ONGC NTPC Green Pvt Ltd (ONGPL) is acquiring a 100% stake in Ayana Renewable Power for $700-750 million. The deal values Ayana at $1.7-1.8 billion and includes 4.6 GW of operational and under-construction renewable energy assets. This acquisition boosts ONGC's green energy goals and expands NTPC Green's portfolio, offering an exit to Ayana's existing investors.
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